Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
danishcheese
on 01/03/2018, 22:34:20 UTC
Wow how idiotic,  so the world's largest miners don't sell future contracts at locked in prices ? No wait they do ... And same with fish if I could lock in a deal to supply 1000s of grocers with fish from Nippon Suisan Kaisha that contract would be worthless because the fish is still in the sea ? Nope thats stupid ..... so kinda exactly like your comment ....... its all about who that contract is with &  my guess is that it is with a miner who's name and track record will add to the project ...... how many gold miners are out there right now that don't wish they had put a little into mining bitcoin ? Or had some exposure to it ? Don't think it would be that hard to find a good one who would take a offer like this honestly

AND , Calling the existing tokens that are not in circulation  premine , right after saying the coin is not mineable is either just your poor understanding or intended to mislead  and discourage

Future contract? Really? So contracts can't be voided then? Sure, so DIG is backed by "future" gold bullions? Let them state this in their marketing and see how far DIG will go  Grin. A gold backed currency requires real gold locked away - not futures. A $ backed currency needs $$ locked away (banked), and audited by a reputable firm. So it terms of backing currency - yes, unmined gold is worth as much as fish in the sea.
Also there is a reason I put premine in quotes ("pre-mine" / "air-drop") - so it seems to me you either have poor understanding of English or intend to mislead Smiley

Anybody reading this and wondering about it google and learn about gold mining , also read the news at cryptobontix ... I'll say it again . There is no premine in this coin it is not mineable,  it wasn't a ICO . Project has private investment 3 more coins to come and a exchange to come ...

Yes. And again - the fact that it is neither mineable nor and ICO is a problem for a lot of people. Do some research and figure out why.
As for the the gold bullion vs future contracts they are not the same thing (fact). Entering into a future contract is NOT the same as owning gold. So you need to tell us (if you know) what will back DIG. Is it future contracts or gold bullion. Simple straight-forward answers are enough - people here just need the facts and they can draw informed conclusions fast and easy.

You suck , it is the same as owning gold actually . People buy these contracts precisely for that reason you fool . You are putting up totally false and misleading post here ... people buy like that to lock in a price they like sometimes they pay more than spot price but it's a price they set ... miners sell those contracts to lock in profit , SOMETIMES THEY SELL LOWER THAN SPOT but it's a price they picked when they made the contract ... those contracts are not written in ways that it is easy for either party to pull out & in this case why would they ? I'm sure many miners out there want exposure to crypto , and we here want exposure to gold silver and platnum.. cryptobontix is up and mining as stated , so is whoever we are getting gold from .... remember these are people running business,  not you only using half your brain.... do you think the gold miner is going to have a change of heart and say ahhhhh I don't want btc anymore ? Or cryptobontix is just going to change their mind about gold and the whole project ? Pls think a little... or you're just saying the entire thing is a scam and that doesn't mAke you a skeptic , it makes you either  paranoid or a basher .... you are not brining up actual concerns .... you are basically saying the project doesn't exist as stated or is a complete scam.... so what is it ?

Now stop quoting me tard.  You just look like the idiot you are ... why in the world are you asking me yo state anything ? This is not my project.  But unlike you I have followed it closely... go back read everything you can and if you still need to post what you have been posting... you are stupid.  Or just really easy to entertain either way last responce so enjoy it Smiley